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Pricing

2023
Flag → Flag
Exports $2.64BRnk 4 / 89
2023
Flag → Flag
Top Product $2.55BCrude Petroleum
2023
Flag → Flag
Exports $295MRnk 91 / 219
2023
Flag → Flag
Top Product $84.7MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 102 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.34Rnk 16 / 132
2023
Flag  
GDP$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC $6,173CURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP PC GROWTH-48.4%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC$44,691CURRENT US$
Rnk 30 / 196
2013-2023
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GDP PC GROWTH4.74%CURRENT US$
Rnk 146 / 195

About

Libya-France Trade: In 2023, Libya exported $2.64B to France. The main products that Libya exported to France were Crude Petroleum ($2.55B), Refined Petroleum ($71.6M), and Iron Reductions ($10.8M). Over the past 5 years the exports of Libya to France have decreased at an annualized rate of 1.52%, from $2.85B in 2018 to $2.64B in 2023.

In 2023, Libya did not export any services to France.

France-Libya Trade: In 2023, France exported $295M to Libya. The main products that France exported to Libya were Refined Petroleum ($84.7M), Vaccines, blood, antisera, toxins and cultures ($24.8M), and Packaged Medicaments ($23.1M). Over the past 5 years the exports of France to Libya have increased at an annualized rate of 4.78%,  from $234M in 2018 to $295M in 2023.

In 2023, France did not export any services to Libya.

Comparison: In 2023,  Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Libya exported $2.64B to France. The main products exported from Libya to France were Crude Petroleum ($2.55B), Refined Petroleum ($71.6M), and Iron Reductions ($10.8M). During the last 5 years the exports of Libya to France have decreased at an annualized rate of 1.52%, from $2.85B in 2018 to $2.64B in 2023.

In 2018, France exported $295M to Libya. The main products exported from France to Libya were Refined Petroleum ($84.7M), Vaccines, blood, antisera, toxins and cultures ($24.8M), and Packaged Medicaments ($23.1M). During the last 5 years the exports of France to Libya have increased at an annualized rate of 4.78%, from $234M in 2023 to $295M in 2018.

Exports from Libya (Flag) to France (Flag) (2023)

Exports from France (Flag) to Libya (Flag) (2023)

Latest Data

Trade between Libya (Flag) and France (Flag)

France Exports

Market Competitiveness

Color
Libya
Top DestinationItaly$7.96B
France
Top DestinationGermany$72.8B

This map shows whether countries import more from Libya or France. Each country is colored based on the difference in imports they receive from Libya and France or the difference in the growth in imports.

In 2023, no countries were registered that imported more from Libya than from France.

In 2023, countries that imported more from France than Libya included Germany ($72.8B), United States ($51.2B), and Belgium ($49.2B).

Difference in imports from France (Flag) and Libya (Flag) (2023)

Comparative Advantage Libya - France

Flow
Scale

This chart compares trade between Libya and France by product, considering products traded by both, Libya and France.

During 2023, Libya had a large net trade with France in the exports of Mineral Products ($2.63B), Metals ($10.8M), and Chemical Products ($3.1M).

During 2018, France had a large net trade with Libya in the exports of Mineral Products ($84.7M), Chemical Products ($73.7M), and Machines ($40.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya France+$139MCrude Petroleum
Top Product Potential France Libya+$33.2MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Libya and France. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and France (Flag) (2023)

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